Funding arb · Price arb /

AZTEC

all AZTEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0178%/8h= −19.5% APRpaid last 24h +0.091%

Price spread now: Extended against KuCoin−0.002%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,808as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,835as in the Price arb table

costs, in and out, $10k−$1,83318.332% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.249%+$25 on $10k

Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.002%, 7d avg +0.017%

Together, before fees+0.214%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.249%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AZTECUSDTM	0.01623	0.0282	pay 0.0141% / 4h	1h 36m	$285K	$287K	20x
Short	Extended AZTEC-USD	0.01623	0.0104	get 0.0013% / 1h	36m 23s	$57K	$384K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$37.38
Price spread: −0.002% → +0.017%: −$1.88
Slippage, 4 orders: −$1,816.17
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$1,872.42
Costs to cover: 18.332%
Break-even: never at this rate

Slippage from KuCoin: live order book, 34 min ago; Extended: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 34 min ago	21.53 bp	1234.9 bp −$1,235	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 46 min ago	13.52 bp	67.0 bp −$67	doesn't fit	doesn't fit	doesn't fit

AZTEC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AZTEC-USDT	+0.0036%	4h	0.01623	0.000%	—	$1.6M	—	as long as short
Lighter AZTEC	+0.0096%	1h	0.01620	−0.173%	$79K	$97K	3x	as long as short
Hyperliquid AZTEC	+0.0100%	1h	0.01624	+0.080%	$1.1M	$1.2M	3x	as long as short
Aster AZTECUSDT	+0.0100%	4h	0.01621	−0.100%	$7K	$21K	5x	as long as short
Binance AZTECUSDT	+0.0100%	4h	0.01623	−0.005%	$1.9M	$4.1M	25x	as long as short
Bybit AZTECUSDT	+0.0100%	4h	0.01621	−0.099%	$1.5M	$1.3M	25x	as long as short
OKX AZTEC-USDT-SWAP	+0.0100%	4h	0.01624	+0.062%	$363K	$891K	20x	as long as short
Gate AZTEC_USDT	+0.0100%	8h	0.01619	−0.246%	$295K	$428K	25x	as long as short
MEXC AZTEC_USDT	+0.0100%	4h	0.01622	−0.062%	$243K	$105K	20x	as long as short
Bitget AZTECUSDT	+0.0100%	4h	0.01624	+0.062%	$359K	$277K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AZTEC	+0.0100%	4h	0.01626	+0.173%	$65K	$81K	—	as long as short
Extended AZTEC-USDshort	+0.0104%	1h	0.01623	−0.002%	$57K	$384K	5x
BloFin AZTEC-USDT	+0.0138%	4h	0.01623	0.000%	$96K	$28K	25x	as long as short
KuCoin AZTECUSDTMlong	+0.0282%	4h	0.01623	long leg	$285K	$287K	20x